Mastropaolo Michael 4
Research Summary
AI-generated summary
26North BDC VP Michael Mastropaolo Receives Award of 4,032.58 Shares
What Happened
- Michael Mastropaolo, Vice President of 26North BDC, received an award/acquisition of 4,032.58 shares on June 24, 2026. The transaction is reported at $24.80 per share for a total value of $100,008. This was an acquisition/award (Form 4 code A), not a sale.
Key Details
- Transaction date: 2026-06-24; Filing date: 2026-06-26.
- Price per share: $24.80; Total reported value: $100,008.
- Transaction type: Award/Grant/Acquisition (code A).
- Shares owned after the transaction: not specified in the summary filing.
- Footnotes:
- F1: Remaining uncalled portion of the reporting person's aggregate capital commitment may be drawn down over time in exchange for additional shares at then-current net asset value.
- F2: The total includes shares received under the company’s dividend reinvestment plan as of this filing.
- No late filing is indicated (filed within the expected reporting window).
Context
- This is an acquisition/award rather than a sale; such insider purchases or awards are often of interest because they increase insider ownership, but the filing does not state any change in intent or immediate sale of the shares.
- F1 suggests additional shares could be issued in the future as capital calls are made; F2 confirms part of the holding reflects dividend reinvestment rather than a separate cash purchase.